Green Energy Futures

419D. Yabasta - Give up on COP? The Pragmatic Climate Reset


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The clean energy transition seems unstoppable now, but back in 2011, Michael Liebreich, founder of Bloomberg New Energy Finance, exclaimed, "Yabasta," he was ready to say enough is enough with the UN COP process. "Yabasta is the rallying cry of the anti-globalists in the anti-capitalist, anti-globalists in Italy back then. And so I said, Yabasta, can we stop doing this? And the reason I said that was I was leading a team, a big team, hundreds of people, and we were tracking this incredible progress across clean technologies. Wind, solar, of course, also EVs, batteries, energy efficiency, the switch away from coal was pretty clear what was happening. And then there were these COPmeetings. By that time, we were on COP 17, I think it was, and they had produced nothing of any use." says Liebreich.In part 4 of our series on Liebreich's Pragmatic Climate Reset we look at the Conference of the Parties and what can be done to make real progress on Climate Change.


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